As the Asian trading session begins on Thursday, the GBP/USD pair is trading at 1.2895, reflecting a downward trend. The likelihood of the Bank of England (BoE) cutting interest rates
The GBP/USD pair remains subdued around 1.2900, bouncing off daily lows of 1.2877, as sellers struggle to push the pair lower. Despite failing to close below 1.2900, momentum indicates potential
As the world's best investment manager and financial market journalist, I am thrilled to report that the Pound Sterling (GBP) is showing strong support after briefly dipping below 1.29. According
Despite upbeat UK PMI data, GBP/USD remains under pressure as the US Dollar strengthens in a risk-averse market. Investors are eagerly awaiting the S&P Global PMI data from the US
According to UOB Group FX analysts Quek Ser Leang and Lee Sue Ann, there has been a slight increase in momentum in the Pound Sterling (GBP) market. They predict that
The latest data on UK Services and Manufacturing Purchasing Managers' Index (PMI) for July has been released, and here's what you need to know: UK Services PMI rises to 52.4
The Pound Sterling (GBP) is facing downward pressure against major currencies, except those in the Asia-Pacific region, as speculation grows about a potential interest rate cut by the Bank of
The GBP/USD pair continues to face selling pressure for the second consecutive day, reaching a two-week low during the Asian session on Wednesday. This negative trend is driven by a
The GBP/USD pair saw a slight decline of one-fifth of one percent on Tuesday, setting the stage for a busy midweek market session following a quiet start to the trading
GBP/USD retreats from 2024-high set on Wednesday, trades below 1.3000. The near-term technical outlook points to a loss of bullish momentum. Weekly Initial Jobless Claims data will be featured in